Banking System in India

Economics ⇒ Money and Banking

Banking System in India starts at 10 and continues till grade 12. QuestionsToday has an evolving set of questions to continuously challenge students so that their knowledge grows in Banking System in India. How you perform is determined by your score and the time you take. When you play a quiz, your answers are evaluated in concept instead of actual words and definitions used.

See sample questions for grade 11

Describe the role of cooperative banks in the Indian banking system.

Explain the difference between public sector banks and private sector banks in India.

Explain the difference between quantitative and qualitative credit control methods used by the RBI.

Explain the process of credit creation by commercial banks.

Explain the term 'bank rate' in the context of the Indian banking system.

Explain the term 'monetary policy' as used in the context of the Indian banking system.

Explain the term 'repo rate' in the context of the Indian banking system.

Explain the term 'statutory liquidity ratio' (SLR) in the Indian banking system.

What is the main difference between a current account and a savings account in a commercial bank?

What is the main difference between a scheduled bank and a non-scheduled bank in India?

What is the main function of the Reserve Bank of India (RBI)?

What is the main objective of the Lead Bank Scheme in India?

What is the main purpose of the Cash Reserve Ratio (CRR) in India?

What is the main purpose of the Deposit Insurance and Credit Guarantee Corporation (DICGC) in India?

What is the meaning of 'priority sector lending' in the Indian banking system?

What is the primary objective of the National Bank for Agriculture and Rural Development (NABARD)?